NewsVoir

Gurgaon (Haryana) [India], November 14: Consumers taking personal loans for festive expenses are increasingly prioritising instant disbursals and convenient end-to-end digital processes over traditional factors like interest rates, revealed a new survey by Paisabazaar , India's leading marketplace for consumer credit and other financial products.

According to the survey, conducted among over 10,200 respondents, 42% of consumers said they chose their lender for quick disbursal with minimal documentation, while 25% said lowest interest rates was the most important factor while choosing an offer - underscoring a shift toward speed and simplicity in borrowing behaviour.

A large majority -- 80% of respondents -- said they prefer guided digital platforms like Paisabazaar for loan

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